Samsung Galaxy S3 turns to be Most Profitable Smartphone for Samsung
Samsung has been the mobile company which is considered the number 1 company in selling the most number of mobile phones beating Nokia since 2010.
(prHWY.com) February 1, 2013 - Stoke-on-Trent, United Kingdom -- Samsung Electronics has claimed a 76 percent increase in the profit share. The interesting thing in this figure is that a lot has come from the sale of smartphones sector for this company. Samsung Galaxy S3 is one of the major profit making items where the most came in the Q4 of 2012. The Galaxy S3 hit the market in mid-2012 and within 6 months it created a huge hype.

The Korean company has been ranked as the top retailer for the preceding year. The Galaxy S3 and the Note 2 have broken the records in the market in the fourth quarter itself beating the direct rival Apple iPhone range. An amazing 5.44 trillion won has come from the Galaxy smartphone and tablet range itself making them a huge demand in the market. It is believed that the huge competition in the market amongst the companies would definitely hamper the demand for the smartphones directly or indirectly.

The number of S3 sold out in half year 2012, particularly the second half, counts to more than 40 million units which are remarkable where more than 60 million smartphones were shipped in the last quarter only. More than 200 million units of smartphone were shipped by the Korean company, although the official figures are yet to be announced. On the contrary only 47.8 million units were quoted by Apple for the iPhones sold in the market where there is steep deterioration in the profit share in US only.

To be precise, there is a fall of 12 percent in share price. This makes the Samsung position stronger than before. If the complete year 2012 is considered then Samsung sold more than 213 million smartphones securing a 30 percent market share whereas the immediate rival Apple sold 135.8 million iPhones securing 19 percent market share which is way below the mark Samsung has. Samsung Galaxy S3 is one of the major contributors in this figure.

One of the senior spokesperson at Samsung said, "Irrespective of the slowdown in the global economy, we managed to reserve this figure for us, which is a great achievement. A strategic focus on differentiated and high value-added products as well as our technological competitiveness has made us stand in this position."

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